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Note to Real Estate Investors: Value Other People’s Time

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Real estate investors, and people in general, should learn how to value other people’s time.

Unlike money, time is something that cannot be brought back. It is not a fixer upper home that once rehabbed can be restored to its previous glory. It’s not a house that can be wholesaled from one real estate investor to another. Time is of essence and learning to value your own and other people’s is something real estate investors should start doing.

Just how do you this? Organize your schedule well. If needed, list down the tasks you need to accomplish for the day even before you go out of the house. Before accepting any invitation from another real estate investor, a buyer, or a seller, be sure that you indeed can accommodate that person. Otherwise, you’ll just be wasting that person’s time. Real estate investors are busy. Everybody is busy, who isn’t? So, never use being busy as an excuse when you cancel a meeting on the 11th hour.

But if you really can’t make it, then at least show courtesy. Be humble and apologize that you can’t be there for the meeting because of whatever reason you have. If another investor, a buyer, or a seller sees that you just keep on scheduling meetings and then ditching them, they would no longer want to deal with you. They might see it as you taking advantage of their motivation – to sell, buy, or deal with you. As real estate investors, it is your responsibility to build your credibility and one way of doing it is by valuing other people’s time.

In what other ways can you show other people that you value their time? Leave your comments in our forums. To register for the forums, simply enter your email below.

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